Christopher M Sanchez
PHL/320
12/8/2014
Todd Goodling
Globalization, “the tendency of investment funds and business to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets” (Investopedia, para1), has two sides; the good side and the bad.
“1, premise”, a good side of globalization is the opportunities and efficiencies that open markets create. Business can communicate effectively and efficiently with customers and partners which allows them to better manage their distribution network. This allows local producers to sell products that they normally could only sell in their home country in global markets